XRP Stuck in Neutral as Price Fails to Break Through Key Levels

XRP's price is stuck in neutral at $1.04, unable to make up its mind whether to consolidate or decline further.

The asset has been range-bound between $1.03 and $1.05 for a 24-hour period, with momentum flatlining and no clear direction in sight.

According to technical analysis, XRP's price is sitting below all major moving averages, including the 7-day, 20-day, 50-day, and 200-day simple moving averages, creating a full-stack bearish alignment.

This suggests that the asset needs to reclaim $1.07 before it can potentially break through to $1.09, and ultimately reach its structural health at $1.32.